v2.4.0.8
Net Income Per Share (Tables)
12 Months Ended
Jun. 30, 2013
Schedule of Numerators and Denominators of Basic and Diluted Computations for Net Income Per Share

The following table reconciles the numerators and denominators of the basic and diluted computations for net income per share.

 

     Year Ended  
     June 30,      June 24,      June 26,  
     2013      2012      2011  
     (in thousands, except per share data)  

Numerator:

        

Net income

   $ 113,879       $ 168,723       $ 723,748   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Basic average shares outstanding

     168,932         124,176         123,529   

Effect of potential dilutive securities:

        

Employee stock plans

     2,558         910         1,490   

Convertible notes

     1,940         147         —     
  

 

 

    

 

 

    

 

 

 

Diluted average shares outstanding

     173,430         125,233         125,019   
  

 

 

    

 

 

    

 

 

 

Net income per share - basic

   $ 0.67       $ 1.36       $ 5.86   
  

 

 

    

 

 

    

 

 

 

Net income per share - diluted

   $ 0.66       $ 1.35       $ 5.79   
  

 

 

    

 

 

    

 

 

 
Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

The following potentially dilutive securities were excluded:

 

     Year Ended  
     June 30,      June 24,      June 26,  
     2013      2012      2011  
     (in thousands)  

Number of options and RSUs excluded

     534         382         241